ShaMaran Petroleum (CVE:SNM) Sets New 1-Year High – What’s Next?

ShaMaran Petroleum Corp. (CVE:SNMGet Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.09, with a volume of 628697 shares. The stock had previously closed at C$0.09.

ShaMaran Petroleum Price Performance

The company has a debt-to-equity ratio of 148.75, a quick ratio of 1.07 and a current ratio of 4.05. The stock has a market capitalization of C$269.80 million, a PE ratio of -3.75 and a beta of 1.14. The company’s fifty day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.08.

About ShaMaran Petroleum

(Get Free Report)

ShaMaran Petroleum Corp., together with its subsidiaries, engages in the oil and gas exploration and production. It holds interest in the Atrush Block production sharing contract; and in the Sarsang Production Sharing Contract in the Kurdistan region of Iraq. The company was incorporated in 1991 and is headquartered in Vancouver, Canada.

Read More

Receive News & Ratings for ShaMaran Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ShaMaran Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.